Holding(s) in Company

Paddy Power plc
18 December 2002

Date 18 December 2002

NOTIFICATION OF INTEREST IN PADDY POWER PLC

Paddy Power plc has received a notification today from Fidelity Management &
Research Company dated 16th December 2002, that Fidelity International Ltd. has
a total notifiable interest in 4,241,940 (9.00%) Ordinary shares in the issued
share capital of Paddy Power plc.

Yours sincerely





Charlie Kelly

Company Secretary


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